Bitdeer Stock Declines as Bitcoin Miner Firm Sells Off Entire BTC Holdings
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The Bitdeer stock has continued declining in value despite its recent offering. This comes as the Bitcoin miner firm sold off its BTC holdings as the token drops further in price. Bitdeer (BTDR) Stock Drops on Liquidated BTC Holdings According to YahooFinance, the BTDR stock crashed by nearly 3% in overnight hours, continuing the decline seen at the close of the market on Friday. Data showed it had fallen even deeper through the weekend as traders priced in developments with its treasury. Source: YahooFinance; BTDR stock daily price chart The renewed Bitdeer stock decline came as the Bitcoin miner firm announced that it had liquidated its entire holdings in BTC. The miner revealed that it had mined 189.8 BTC and sold the same amount, while also liquidating the remaining 943.1 BTC reserves. The company had approximately 2,000 BTC reserves at the end of 2025 and 1,530 at the end of January, only to reduce them to 943.1 BTC by February 13. In the update, the company had mined 183.4 BTC and sold 179.9 BTC. Source: X This also comes as the economics of mining have become tougher. The difficulty level on the Bitcoin network rose by 14.7% in the last adjustment. The gross margin of Bitdeer also declined to 4.7% in Q4. A positive for the Bitdeer stock is that the company did not clarify whether the zero-BTC position is a permanent change in the treasury strategy or a temporary need for cash due to its ongoing capital raises. BTDR Looks Beyond Bitcoin, Seeks Funding for AI Push The company had shared in a release on Friday that it is working an upsized $325 million private sale of convertible senior notes. The sale, which is expected to be completed on February 24, also includes an option to purchase an additional…
Filed under: News - @ February 23, 2026 7:25 am